The Central Bank of Nigeria (CBN) yesterday in Abuja advised state governments to adopt the Federal Government’s system of using a single account for all its revenue deposits.
Mr Kure Abubakar, Head, Client Services at the CBN, gave the advice while presenting a paper on “Understanding Treasury Single Account (TSA)’’at the close of a two-day workshop on the Fiscal Responsibility Act.
The News Agency of Nigeria (NAN) reports that the workshop, which began on Tuesday, was organised for government revenue generating Ministries, Departments and Agencies (MDAs).
He said the TSA, if adopted by states, could help them to get maximum benefits.
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